Crime
N3.6bn Fraud: Court Upholds EFCC Appeal, Dismisses Discharge Of Ex-NDDC Boss
A three-man panel of the Court of Appeal, Lagos Division, led by Justice Peter O. Affem, on April 13, 2022, upheld the appeal of the EFCC, and dismissed the ruling of a Federal High Court in Lagos in the case involving a former Executive Director, Projects, Niger Delta Development Commission, NNDC, Tuoyo Omatsuli, over an alleged case of money laundering to the tune of Three Billion, Six Hundred and Forty-five Million Naira (N 3, 645, 000,000).
The judgment delivered by Justice Festus Obande Ogbuinya held that the ruling of the lower court dated November 11, 2020 discharging the respondent, Omatsuli, of the money laundering charges “is hereby set aside and he shall enter into his defence accordingly on the same counts.”
The Appellate Court, however, discharged Omatsuli on counts 27, 28 and 29 of the charge.
Tuoyo is facing trial alongside Francis Momoh, Don Parker Properties Limited and Building Associates Limited on an amended 45-count charge bordering on conspiracy and money laundering to the tune of N3,645,000,000 (Three Billion, Six Hundred and Forty-five Million Naira).
-
Politics6 days ago
PROPHESY TO PRESIDENT BOLA AHMED TINUBU ABOUT 2027
-
News6 days ago
Family, Friends Celebrate Jailed Former Deputy Senate President, Ike Ekweremadu’s Birthday
-
Business4 days ago
Nigeria’s Azikiel Refinery to Begin Operations in 2025
-
Business7 days ago
Baraza: Bribena pleads for understanding, highlights solutions to organization’s problems
-
Politics6 days ago
Fubara Swears-in Dagogo as Attorney-General, to Probe Wike’s 8 Years As Governor
-
Politics3 days ago
You Have a Few Days to go, Gov. Fubara Tells LGA Chairmen
-
Business6 days ago
Gunmen kidnap Dangote cement workers in Edo
-
Crime6 days ago
$2.5bn fraud: EFCC to collaborate with UK prosecutors in Diezani’s case